Wix.com Ltd. Files 2024 Annual Report
Ticker: WIX · Form: 20-F · Filed: 2025-03-21T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, financials, 20-F
TL;DR
Wix filed its 2024 20-F, check out their Creative Sub & Business Solutions numbers.
AI Summary
Wix.com Ltd. filed its annual 20-F report for the fiscal year ending December 31, 2024. The company, formerly Wixpress Ltd., is incorporated in L3 and headquartered in Tel Aviv, Israel. The filing covers financial data and business operations for the period, including details on its Creative Subscription and Business Solutions segments.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Wix.com's financial performance and business activities for the past fiscal year, crucial for understanding the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — As a public company filing an annual report, there are inherent risks associated with financial reporting and market performance, but no specific immediate red flags are apparent in this summary.
Key Numbers
- 2024 — Fiscal Year End (The report covers the period ending December 31, 2024.)
- 2023 — Previous Fiscal Year End (Comparative financial data likely included for 2023.)
- 2022 — Prior Fiscal Year End (Comparative financial data likely included for 2022.)
Key Players & Entities
- Wix.com Ltd. (company) — Filer of the 20-F report
- Wixpress Ltd. (company) — Former name of Wix.com Ltd.
- 2024 (date) — Fiscal year end for the report
- December 31, 2024 (date) — Specific fiscal year end date
- Tel Aviv, Israel (location) — Company headquarters
FAQ
What were the key financial highlights for Wix.com Ltd. in the fiscal year 2024?
The filing is a 20-F, which is an annual report. Specific financial figures for 2024 are detailed within the full document, including revenue, profit, and segment performance for Creative Subscriptions and Business Solutions.
What is the company's primary business activity as described in the filing?
Wix.com Ltd. is involved in Services - Computer Programming, Data Processing, etc., as indicated by its SIC code [7370].
When did the company change its name from Wixpress Ltd.?
The company's name was changed from Wixpress Ltd. on May 13, 2013.
Where is Wix.com Ltd. incorporated and headquartered?
The company is incorporated in L3 and its business and mailing addresses are listed as 5 Yunitsman St., Tel Aviv, Israel.
What are the main business segments mentioned in the filing?
The filing references Wix's 'Creative Subscription Member' and 'Business Solutions Member' segments for the fiscal years 2022, 2023, and 2024.
From the Filing
0001628280-25-014212.txt : 20250321 0001628280-25-014212.hdr.sgml : 20250321 20250321063740 ACCESSION NUMBER: 0001628280-25-014212 CONFORMED SUBMISSION TYPE: 20-F PUBLIC DOCUMENT COUNT: 117 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250321 DATE AS OF CHANGE: 20250321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wix.com Ltd. CENTRAL INDEX KEY: 0001576789 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 20-F SEC ACT: 1934 Act SEC FILE NUMBER: 001-36158 FILM NUMBER: 25758481 BUSINESS ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 BUSINESS PHONE: 97235454900 MAIL ADDRESS: STREET 1: 5 YUNITSMAN ST. CITY: TEL AVIV STATE: L3 ZIP: 000000 FORMER COMPANY: FORMER CONFORMED NAME: Wixpress Ltd. DATE OF NAME CHANGE: 20130513 20-F 1 wix-20241231.htm 20-F wix-20241231 false 2024 FY 0001576789 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure utr:Rate 0001576789 2024-01-01 2024-12-31 0001576789 dei:BusinessContactMember 2024-01-01 2024-12-31 0001576789 2024-12-31 0001576789 2023-12-31 0001576789 wix:CreativeSubscriptionMember 2024-01-01 2024-12-31 0001576789 wix:CreativeSubscriptionMember 2023-01-01 2023-12-31 0001576789 wix:CreativeSubscriptionMember 2022-01-01 2022-12-31 0001576789 wix:BusinessSolutionsMember 2024-01-01 2024-12-31 0001576789 wix:BusinessSolutionsMember 2023-01-01 2023-12-31 0001576789 wix:BusinessSolutionsMember 2022-01-01 2022-12-31 0001576789 2023-01-01 2023-12-31 0001576789 2022-01-01 2022-12-31 0001576789 us-gaap:CommonStockMember 2021-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2021-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001576789 us-gaap:RetainedEarningsMember 2021-12-31 0001576789 2021-12-31 0001576789 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001576789 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001576789 us-gaap:CommonStockMember 2022-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2022-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001576789 us-gaap:RetainedEarningsMember 2022-12-31 0001576789 2022-12-31 0001576789 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001576789 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001576789 us-gaap:CommonStockMember 2023-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2023-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001576789 us-gaap:RetainedEarningsMember 2023-12-31 0001576789 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0001576789 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001576789 us-gaap:CommonStockMember 2024-12-31 0001576789 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001576789 us-gaap:TreasuryStockCommonMember 2024-12-31 0001576789 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001576789 us-gaap:RetainedEarningsMember 2024-12-31 0001576789 srt:MinimumMember us-gaap:ComputerEquipmentMember 2024-01-01 2024-12-31 0001576789 srt:MaximumMember us-ga